3 ms·
yeah, people talk about "lottery-like stocks" in the academic literature on investor behavior. it's a standard term. i think the idea is that people buy lotter
by currymj 6y ago
yeah, people talk about "lottery-like stocks" in the academic literature on investor behavior. it's a standard term.
i think the idea is that people buy lottery tickets or scratch cards for the same reason they do these stocks, it's a form of gambling entertainment.